In accordance with the agreement, the two companies are executing on their cooperation to develop an integration of GenCell’s alkaline fuel cells together with E.V. Motors Pure Energy’s electric vehicle charging technologies to enable autonomous off-grid hybrid electric vehicle charging stations that eliminate the need for fossil fuel generators. Following completion of the deployment of… Continue reading GenCell and E.V. Motors Pure Energy Deploy First Autonomous Hybrid Off-Grid EV Charging Stations and Advance Partnership
Category: Automotive
Elbit Systems Announces S&P Global Ratings Maalot Reaffirming Rating of “ilAA” (Local Scale), With a Stable Outlook, for Elbit Systems Series B, C and D Notes
HAIFA, Israel , June 2, 2022 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that S&P Global Ratings Maalot Ltd., an Israeli rating agency (“Maalot”), issued its rating report regarding the Series B, C and D Notes, issued by the Company in 2021 (the “Notes”) and reaffirmed the Notes’… Continue reading Elbit Systems Announces S&P Global Ratings Maalot Reaffirming Rating of “ilAA” (Local Scale), With a Stable Outlook, for Elbit Systems Series B, C and D Notes
A New Record, GWM Officially Announces Its 300,000th POER
“Based on its outstanding product strength, GWM POER has become a best-selling model and has brought high-quality and intelligent pickup products to global users,” said Tony Sun, Deputy General Manager of GWM International at the 300,000th GWM POER completion ceremony. Actually, taking the Chinese market as its starting point, GWM POER has completed vehicles from… Continue reading A New Record, GWM Officially Announces Its 300,000th POER
Amazon employees call on Amazon to stop selling books deemed as anti-trans
In 2021, a handful of Amazon employees quit the company over its decision to sell books that suggest kids who identify as transgender are mentally ill. Now, a group of employees is protesting its continued sale of those books by disrupting a Pride event at its headquarters in Seattle. According to The Washington Post, around… Continue reading Amazon employees call on Amazon to stop selling books deemed as anti-trans
Hertz Announces Franchise Agreement with Via Biler Group
Via Biler sells electric vehicles at 12 dealerships across Denmark. Photo: flickr.com / Fred Romero Hertz International announced in a statement that the Via Biler Udlejning A/S will become the company’s master franchisee in Denmark effective January 1, 2023. Based in Denmark, car dealership group Via Biler offers Toyota, Ford, Volvo, Mazda, Suzuki, and Polestar electric vehicles… Continue reading Hertz Announces Franchise Agreement with Via Biler Group
Green Motion Opens Airport Location in Moldova
Pictured left to right, team Green Motion Moldova: Alexei Scripnic, sales manager; Valeria Lepadatu, marketing manager; and Ian Iascinschii, general manager. Photo: Green Motion International car rental brand Green Motion announced in a statement the opening of its latest in-terminal airport location at Chisinau International Airport in Moldova. Originally launched as a meet & greet off-airport operation in 2021, Green… Continue reading Green Motion Opens Airport Location in Moldova
Cathay Capital hits $240m first close of Growth RMB Fund II, targets $448m …
Global investment firm Cathay Capital has secured the first close of its second RMB-denominated growth fund at over 1.6 billion yuan (almost $240 million), while it targets 3 billion yuan ($447.6 million) for the final closing, the firm announced on Thursday. Cathay Growth RMB Fund II is backed by cornerstone investors Valeo, a publicly-listed automotive… Continue reading Cathay Capital hits $240m first close of Growth RMB Fund II, targets $448m …
SG crypto finance startup Cloudwall Capital nets $6.3m and other SE Asia deals
Cloudwall Capital, a Singapore-based crypto-focused digital asset risk management startup, has announced raising $6.3 million in a seed funding round co-anchored by UK-based venture capital investors LocalGlobe and Illuminate Financial. Launched in 2021, Cloudwall Capital seeks to bridge the traditional finance world with digital assets and decentralised finance. Its product, Serenity, is building risk management… Continue reading SG crypto finance startup Cloudwall Capital nets $6.3m and other SE Asia deals
Data Vantage: Tiger Global backs KitaLulus and HitPay, and other updates
Indonesia-based jobs platform KitaLulus has secured $8.15 million in a Series A funding round led by Tiger Global Management, according to regulatory filings. The round was joined by Rocketship.vc, Go-Ventures, Indogen Capital, FEBE Ventures and Goodwater Capital. Several angel investors also participated in the round, including former GoPay CEO Aldi Haryopratomo, Pluang CEO Claudia Kolonas,… Continue reading Data Vantage: Tiger Global backs KitaLulus and HitPay, and other updates
31st Abu Dhabi International Book Fair Concludes Seven Days of Memorable Activities
Organised by the Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), the annual fair saw a notable increase in sales of books and publications in various fields of knowledge and culture, as publishing houses participating in the event gave positive feedback of their… Continue reading 31st Abu Dhabi International Book Fair Concludes Seven Days of Memorable Activities